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571 East 1st Street Update 08/22/23

South Boston Development Site Trades for $23.5M

A Quincy-based LLC has acquired 571 E First Street in South Boston for $23,500,000. The 2.0-acre infill industrial property offers tremendous value-add and large-scale multi-family development potential. The property is currently improved with a single-story industrial building, totaling approximately 41,000 square feet, leased short-term to Greyhound Lines, Inc.

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